01
Mar
19:22
Turkish billet prices gain on insatiable demand
Exports of steel products from the Black/Azov Sea basins remain on hold as Ukraine continues to fight off Russia’s invasion. Supplies of billet from the CIS are halted, with existing orders being cancelled, creating a widening shortage and driving prices up.
Ukrainian steelmakers continue to reduce their output (see separate article), unable to deliver goods to ports due to infrastructure damage and ports' closure. Russian billet is meanwhile not being s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous